Note 10 - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2016

Notes Tables

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

	2016		2015		2014
U.S. Operations	$	23,996	$	33,161	$	26,965
Non-U.S. Operations		44,529		42,956		40,838
Total	$	68,525	$	76,117	$	67,803

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2016			2015			2014
Current:
Federal	$	11,014		$	9,195		$	9,653
State		523			556			415
Non-U.S.		11,514			11,372			11,329
Total Current		23,051			21,123			21,397
Deferred:
Federal	$	(5,214	)	$	556		$	(2,017	)
State		(1,060	)		(495	)		(376	)
Non-U.S.		(482	)		(310	)		(950	)
Total Deferred		(6,756	)		(249	)		(3,343	)
Total	$	16,295		$	20,874		$	18,054

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2016			2015			2014
Provision at statutory tax rate		35.0	%		35.0	%		35.0	%
State taxes		-0.5	%		0.1	%		0.0	%
Impact of foreign operations		-6.7	%		-5.0	%		-5.6	%
Federal tax credits		-1.8	%		-1.2	%		-0.7	%
Life insurance proceeds		0.0	%		0.0	%		-1.7	%
Contributions, net		-1.3	%		0.0	%		0.0	%
Other		-0.9	%		-1.5	%		-0.4	%
Effective income tax provision		23.8	%		27.4	%		26.6	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	2016			2015
Deferred tax liabilities:
Depreciation and amortization	$	(27,437	)	$	(31,126	)
Total deferred tax liability	$	(27,437	)	$	(31,126	)
Deferred tax assets:
Accrued compensation	$	3,707		$	3,911
Accrued expenses and reserves		6,154			6,680
Pension		29,730			19,624
Inventory		2,548			2,066
Other		1,432			1,741
Net operating loss and credit carry forwards		5,948			3,983
Total deferred tax asset	$	49,519		$	38,005
Less: Valuation allowance		(649	)		(656	)
Net deferred tax asset (liability)	$	21,433		$	6,223

Schedule of Provision for Income Taxes [Table Text Block]

	2016			2015			2014
Continuing operations	$	16,295		$	20,874		$	18,054
Discontinued operations		(55	)		(259	)		(3,692	)
	$	16,240		$	20,615		$	14,362

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	2016			2015		2014
Beginning Balance	$	1,054		$	1,033	$	1,286
Additions based on tax positions related to the current year		2,125			17		25
Additions for tax positions of prior years		-			4		-
Reductions for tax positions of prior years		(201	)		-		(278	)
Ending Balance	$	2,978		$	1,054	$	1,033

Summary of Income Tax Examinations [Table Text Block]

Country	Years Ending June 30,
United States		2014	to	2016
Canada		2012	to	2016
Germany		2011	to	2016
Ireland		2016	to	2016
Portugal		2013	to	2016
United Kingdom		2012	to	2016